Health care reform is directed toward improving access and quality while containing costs. An essential part of this is improvement of pricing models to more accurately reflect the costs of providing care. Transparent prices that reflect costs are necessary to signal information to consumers and producers. This information is central in a consumer-driven marketplace. The rapid increase in high ...

This paper proposes an autonomous and economic droop control scheme for DC microgrid application. In this method, a cost-effective power sharing technique among various types of DG units is properly adopted. The droop settings are determined based on an algorithm to individually manage the power management without any complicated optimization methods commonly applied in the centralized control ...

In the absence of a perfect risk adjustment scheme, cost sharing can reduce risk selection in community-rated health insurance markets. However, cost sharing also reduces incentives for efficiency. In this paper, we develop a model in which insurers determine the cost efficiency of health care. They have incentives for risk selection because there are two risk types which differ in their expect...

A new serial cost sharing rule, called mixed serial cost sharing, is defined on the class of cost functions which equal a sum of an increasing convex and increasing concave function. This rule is based on a particular decomposition principle known as complementary-slackness decomposition and it coincides with the original serial rule of Moulin and Shenker (1992) [Moulin, H., Shenker, S., 1992. ...